Announcement time of this financial report: 2023-10-27 19:18:19
Tianmai Technology (stock code: 300807) is an enterprise focusing on the smart bus industry. Its main business is to provide overall solutions for urban bus operation, management and services based on technologies such as vehicle networking, satellite positioning, artificial intelligence, big data, and cloud computing. The company's industry is intelligent vehicle equipment manufacturing under the computer, communications, and other electronic equipment manufacturing industry.
In terms of assets and liabilities, Tianmai Technology's total assets for the third quarter of 2023 were 696 million yuan, down from 777 million yuan at the end of the previous year. Total liabilities were $146 million, down from $183 million at the end of the previous year. The company's net assets were 550 million yuan, a decrease from 595 million yuan at the end of the previous year. The balance ratio was 20.98%, down from 23.48% at the end of the previous year.
In terms of profit, Tianmai Technology's operating revenue for the third quarter of 2023 was 102 million yuan, down from 141 million yuan in the same period last year. Operating costs were 61.023 million yuan, down from 75.2996 million yuan in the same period last year. Gross margin was 39.94%, down from 46.69% in the same period last year. Net profit attributable to shareholders of listed companies was -496.094 million yuan, down from the same period last year.
In terms of cash flow, Tianmai Technology's net cash flow from operating activities in the third quarter of 2023 was -46,5684 million yuan, down from 7,5312 million yuan in the same period last year. The total cash inflow from operating activities was $147 million, down from $228 million in the same period last year. The total cash outflow from operating activities was $194 million, up from $220 million in the same period last year.
In summary, Tianmai Technology's balance ratio declined in the third quarter of 2023, but operating income and net profit were under pressure, and net cash flow also declined. This may mean that the company is under some pressure in terms of business activities.
For investors, Tianmai Technology, as an enterprise focusing on the smart bus industry, has certain market prospects. However, given the company's current operating conditions, investors need to be careful when investing.
This article only represents the judgments made by analysts themselves or analysts based on AI analysis. It cannot be used as an investment indicator, nor does it constitute any investment advice. The original purpose of this article was to help investors analyze and judge capital market data in the most intuitive and fastest way and from the most professional perspective.